Brief: Banijay Group Expects EUR 10 Bln Of Revenue In 2029, Progressive Dividend

Banijay NV

26/03/2026 06:10

March 26 (Reuters) - Banijay Group NV BNJ.AS:

INTENDS TO DISTRIBUTE EXCEPTIONAL €400 MILLION DIVIDEND POST ALL3MEDIA CLOSING, SUBJECT TO AGM APPROVAL

TIPICO ACQUISITION EXPECTED TO GENERATE €100 MILLION SYNERGIES MID-TERM: €70 MILLION OPEX, €30 MILLION CAPEX

TARGETS >7% ADJUSTED EBITDA CAGR 2025PF-2029; BANIJAY GAMING C.10%, ENTERTAINMENT MID-SINGLE-DIGIT

ALL3MEDIA COMBINATION EXPECTED TO GENERATE €50 MILLION OPEX SYNERGIES WITHIN 12 MONTHS POST-CLOSING

TARGETS ADJUSTED FREE CASH FLOW CONVERSION >80% OVER 2026-2029

TARGETS ADJUSTED OPERATING FREE CASH FLOW CONVERSION C.65% OVER 2026-2029

TARGETS PROGRESSIVE DIVIDEND INCREASE >10% CAGR 2025-2029

TARGETS C.2X NET DEBT/ADJUSTED EBITDA BY 2029

TIPICO ACQUISITION AND ALL3MEDIA COMBINATION, COMPLETION EXPECTED APRIL AND FALL 2026

SAYS ITS STRUCTURED TO CAPITALISE ON MAJOR INDUSTRY TRENDS AND CREATE VALUE TOWARDS AROUND EUR 10 BILLION OF REVENUES IN 2029

EXPECT FOR 2026 MID-SINGLE-DIGIT ADJUSTED EBITDA GROWTH AT GROUP LEVEL, WITH ADJUSTED CASH FLOW CONVERSION OF AROUND 80%

TARGETS DOUBLE-DIGIT ADJUSTED EPS CAGR 2025PF-2029

PROFORMA 2025 NEW PROFILE RESULTS IN €7.4 BILLION REVENUE, €1.6 BILLION ADJUSTED EBITDA, €1.2 BILLION ADJUSTED FREE CASH FLOW

Source text: ID:nGNE8SYTXC

Further company coverage: BNJ.AS

 (Gdansk Newsroom)

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